Full-Time

Staff Accountant

Reinsurance

Posted on 8/22/2024

Argo Group

Argo Group

1,001-5,000 employees

Specialized insurance solutions for unique risks

Social Impact
Financial Services

Entry

No H1B Sponsorship

San Antonio, TX, USA

Position can also be based out of Chicago, IL or New York City, NY.

Category
Financial Accounting
Management Accounting
Accounting
Requirements
  • Bachelor’s Degree in Accounting and/or Finance; and/or equivalent work experience is required.
  • Excellent analytical skills, attention to detail, problem solving and above-average math aptitude/ability.
  • Ability to accurately research and follow through on complex problem-solving items, as well as initiate resolutions at multiple levels within the organization.
  • Strong organizational skills with the ability to manage, prioritize, and effectively meet deadlines working on multiple assignments simultaneously.
  • Excellent ability to communicate clearly, concisely and effectively both verbally and in writing.
  • Proficient PC skills developed through extensive use of Microsoft Office, particularly Excel, Access, and Word in addition to experience and knowledge of accounting software.
Responsibilities
  • Prepare monthly and quarterly premium and loss bordereaux and ensure timely submission to reinsurers and brokers.
  • Monitor aging of reinsurance accounts receivable and manage collection efforts.
  • Assist in month-end close process, including preparation of journal entries and account reconciliations.
  • Ensure that all reinsurance transactions are accurately recorded and reported within the monthly close cycle.
  • Assist with quarterly and year-end reporting in accordance with GAAP and STAT.
  • Participate in special projects and initiatives as needed, including system upgrades and process enhancements.
  • Ensure compliance with Sarbanes-Oxley.

Argo Group operates in the specialty insurance market, providing customized insurance solutions for businesses and individuals facing unique or complex risks. The company focuses on industries with higher risk profiles, such as construction, marine, and energy, allowing it to offer expert risk assessment and management services. Argo generates revenue through premiums paid by policyholders, which are then invested to create additional income. This approach, combined with effective claims management, helps maintain profitability. Argo distinguishes itself from competitors by its commitment to corporate responsibility, community engagement, and fostering an inclusive workplace that supports personal and professional growth. The company's goal is to ensure mutual success for its clients while actively participating in initiatives related to diversity, sustainability, and disaster relief.

Company Stage

IPO

Total Funding

$17.9M

Headquarters

Pembroke, Bermuda

Founded

1996

Simplify Jobs

Simplify's Take

What believers are saying

  • Digital transformation in insurance boosts demand for Argo Interactive's mobile services.
  • Parametric insurance products offer Argo innovation opportunities in specialty insurance.
  • AI in underwriting enhances Argo's risk assessment and operational efficiency.

What critics are saying

  • Leadership changes may cause strategic instability post-Brookfield acquisition.
  • Talent drain impacts operations, as seen with departures to competitors.
  • Niche market focus exposes Argo to industry-specific risks and liabilities.

What makes Argo Group unique

  • Argo specializes in niche markets like construction, marine, and energy sectors.
  • The company offers tailored insurance solutions for complex and unique risks.
  • Argo is committed to corporate responsibility and community engagement.

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